FatPipe Revenue Climbs 22% on Recurring Billings
Channel resellers and IT buyers of SD-WAN services should note renewals and new wins now drive the vendor's growth.
Updated on Nov. 4, 2026 in Corporate Finance
FatPipe, Inc. (NASDAQ: FATN) reported second quarter fiscal 2027 results for the period ended September 30, 2026, with revenue of $4.83 million, up 22% from $3.96 million a year earlier. The company, which sells SD-WAN and single-stack cybersecurity solutions through channel partners and resellers, posted net income of $1.2 million versus a loss of $0.04 million in the prior-year quarter.
Why it matters
Growth was attributed to increased recurring billings, customer renewals, and new customer wins, signaling that recurring revenue is carrying the expansion for network-security vendors that sell through channel partners. For Utah operators weighing SD-WAN or cybersecurity purchases, the results show how a channel-led vendor is converting renewals into margin.
